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Archive for September, 2013

New Blog Series: The Parent Trap 09.24.2013

The 1989 Academy Award-winning film, Driving Miss Daisy, contained a memorable scene in which the elderly Daisy argued with her son Boolie regarding Boolie’s desire to hire a driver for Daisy after she wrecked her car:

Daisy Werthan: “You should have let me keep my old LaSalle. It never would’ve behaved this way and you know it.”

Boolie Werthan: “Mama, cars don’t behave. They are behaved upon. Fact is, you demolished that Chrysler all by yourself.”

Daisy Werthan: “Say what you want, I know the truth.”

Boolie Werthan: “The truth is, you just cost the insurance company $2,700. You’re a terrible risk. Nobody’s gonna want to issue you a policy after this.”

Daisy Werthan: “You’re just saying that to be hateful!”

Boolie Werthan: “OK. I am. I’m makin’ it all up. Look out there in the driveway! Every insurance company in America is out there, waving their fountain pen, trying to get you to sign up!”

Statistics show that Americans are living longer than ever. The average life expectancy of a male born in the United States in 1900 was 47.9 years. A male born in 2000 is expected to live to age 74.0. By 2050 that number will increase to 79.7 years. The numbers for women are similar with a life expectancy for women born in 2050 of 85.6 years!

As our population ages, complex issues result, issues relating to among other things: investment decisions, legal authority, living arrangements, spousal loss, end-of-life decisions, protection from scams, elder abuse and, as described in Driving Miss Daisy, retaining independence.

Are you prepared to assist your parents or loved ones as they deal with these issues? Is your elderly mom or dad prepared to have you assume a parental role in their lives as they get older? Do you have proper legal authority to act on their behalf? Like Boolie Werthan, are you ready to “take away the keys” from them?

On October 1, Joner Baker PLLC will begin a three-month web series called The Parent Trap. Join us for this important twelve-part series and learn how you can prepare to help your parents navigate the legal, financial and emotional hurdles of growing old.

Coming Oct 1: The Parent Trap, Part 1: Having “the Talk”